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Section 16. This ordinance is declared to be an emergency measure necessary for the <br />immediate preservation of the public health, safety and welfare of the City, and for the further <br />reason that this ordinance is required to be immediately effective in order to issue and sell the Notes, <br />which is necessary to enable the City to timely retire the Outstanding Note and thereby preserve its <br />credit; wherefore, this ordinance shall be in full force and effect immediately upon its passage and <br />approval by the Mayor. <br />Passed: L, 2012 <br />Attest: <br />Clerk of Council <br />President of Council <br />Approved: ,t /9 o' , 2012 <br />_. ? <br />% Mayof' <br />6g4- -7)d-d) ? <br />?. <br />'Sc wv? ?- <br />Tued <br />CVMM?W'- <br />-7-